Connect with us

News

NIMC Prioritizes NIN Issuance

Published

on

Kindly share this post

The National Identity Management Commission (NIMC) says it is refocusing more attention on issuing National Identity Number (NIN) to speed up the process of enrolments by way of saving the cost of producing cards due to paucity of funds.

Engr. Aliyu Aziz, Director-General of NIMC, said this in a report issued to newsmen by the Department of Corporate Communications of NIMC on Thursday in Abuja.

Aziz said the commission had examined the situation and understood the importance of identity, hence the need to focus on the issuance of NIN before the cards will be ready in a later date.

“Though, the basic is the person whose biometric information appears on the NIN, which help to identify who the person is and it is only the biometric information of the person that distinguishes him from another person.

“So, what we do is that we take the biometric and use it to generate numbers randomly and assigned to the individual, after that, NIMC will now issue a general multipurpose card to individuals for the purpose of electronic transactions but since we started, we have not achieved much result.

“So, with recession, we now refocus our attention to the issuance of the numbers because we have complicated projects and we needed to break it.

“We now focus on the numbers, so one can obtain the NIN without necessarily having the card,” he said.

The NIMC boss said that the commission has provided an online authentication system that allows for authenticating the Identity numbers allocated to each person.

He said the commission had over 1000 enrolment centres across the country, noting that it was not enough to capture the population of the country.

“The standard is that for every 50,000 Nigerians, you need a centre to enrol them and we have 200 million people, so at least we needed 4000 centres.

“Because, we have only 1000 centres, that is why we came up with an ecosystem approach so that all other government agencies that are capturing data can do it and send to NIMC to generate NIN for them.

“The NIN is supposed to be your secret number and a social security number, that is why in the design of the card, we make sure that the number is coded inside the card for security reasons and transactions purposes,” he said.


Kindly share this post

Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

News

Air Peace Suspends Flight Operations Nationwide

Published

on

Kindly share this post

Air Peace Ltd has announced the suspension of all flight operations nationwide due to the ongoing strike embarked upon by the Nigerian Meteorological Agency (NiMET).
Air Peace Suspends Flight Operations Nationwide

This is contained in a statement signed by Dr Ejike Ndiulo, head of Corporate Communications, Air Peace,  on Wednesday in Lagos.
According to Ndiulo, the decision is necessary because NiMet is the agency responsible for issuing CNH (Current Nowcast of Hazardous Weather) reports, critical for safe landings, especially during this season of heavy rainfall and thunderstorms.
He said without these reports from the control tower, flight safety could not be guaranteed.
“As a safety-first airline, we have chosen to act responsibly by suspending operations until NiMet resumes full service.
“We understand this may cause inconvenience, and we sincerely apologise. Passengers will be contacted with updates and options for rescheduling,” he said.
The staff of NiMET on Tuesday commenced an indefinite strike over the condition of service and other demands.


Kindly share this post
Continue Reading

News

NITDA Fixes Date for Inaugural Meeting of the Startup Consultative Forum

Published

on

Kindly share this post

The National Information Technology Development Agency (NITDA) is pleased to announce the inaugural meeting of the Startup Consultative Forum, scheduled for Monday April 28, 2025 This milestone event marks a significant step in deepening stakeholder engagement within Nigeria’s growing startup ecosystem.

The Forum will serve as an interactive platform for startup founders, innovators, ecosystem enablers, and intermediaries to actively shape national policies that foster growth, attract investment, and drive digital innovation.

Convened under the framework of the Nigeria Startup Act (NSA), this initiative reflects the government’s commitment to making startups not just stakeholders but key contributors in building an enabling environment for innovation.

The meeting will emphasize collaborative dialogue, with a primary focus on nominating and selecting representatives for the National Council for Digital Innovation and Entrepreneurship (Startup Council)—Nigeria’s highest advisory body for the startup ecosystem. Decisions from this Forum will lay the foundation for inclusive policy development, amplifying the voices of Nigeria’s tech and innovation community.

NITDA invites all Labelled Startups, Verified Entrepreneurial and Innovation Support Organisations, Angel Investors, Venture Capitalists, and other relevant stakeholders to join the Forum and actively participate in the nomination and voting process.

Join us in shaping the future of digital innovation in Nigeria. Together, we can build a thriving ecosystem that supports and celebrates the pioneering spirit of Nigerian startups.


Kindly share this post
Continue Reading

News

IMF Downgrades Nigeria’s Economic Growth Forecast Amid Oil Price Decline

Published

on

Kindly share this post

International Monetary Fund (IMF) has revised downward its economic growth forecast for Nigeria in 2025 to 3.0%, a 0.2 percentage point cut from its earlier projection of 3.2%.

The downgrade is attributed to a decline in global crude oil prices, which remain a significant driver of Nigeria’s economy.

The updated figures were published in the IMF’s April 2025 World Economic Outlook (WEO) report, released in Washington, DC, during the ongoing Spring Meetings of the IMF and the World Bank.

The report outlines global and regional economic trends, highlighting continued vulnerability among oil-dependent economies.

According to the IMF, growth across sub-Saharan Africa is also expected to experience a modest decline, with projections falling from 4.0% in 2024 to 3.8% in 2025. However, a slight recovery is anticipated in 2026, with growth forecasted at 4.2%.

Nigeria, Africa’s largest economy, was singled out in the report as among the major economies affected by falling oil prices. The IMF noted that the country’s 2026 growth forecast has also been revised downward by 0.3 percentage points.

The IMF further reported similar economic challenges in other African countries. In South Africa, growth projections were adjusted downward by 0.5 percentage point for 2025 and 0.3 percentage point for 2026.

These revisions reflect weakening economic momentum following a lacklustre 2024, growing uncertainty, a rise in protectionist economic policies, and the impact of a broader global slowdown.

In a more severe adjustment, the IMF slashed South Sudan’s 2025 economic growth forecast by a staggering 31.5 percentage points.

The sharp decline is linked to delays in the resumption of oil production after a major pipeline sustained damage, significantly impacting the country’s revenue and export capacity.

The IMF’s outlook underscores the fragility of economies heavily reliant on natural resources and the ongoing risks posed by global market volatility.


Kindly share this post
Continue Reading

Trending